Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation.
INBOUND LOGISTICS ACTIVITIES
SOURCING AND PROCUREMENT
Identifying and evaluating potential suppliers, obtaining price quotes, negotiating with and managing suppliers./span>
Purchasing the goods and materials the company needs so the right quantity arrives at the right time.
Transportation involves selecting delivery speed for incoming supplies, contracting with third-party carriers(FedEx, DLH, UPS and USPS) and working with vendors on price.
Handling the arrival of new materials and ensuring they match the order
Moving the received goods short distances within the facility and staging them for later use./span>
STORING AND WAREHOUSING
Managing the materials before they go to manufacturing or customer fulfillment.
Deciding the type and amount of raw materials/items you should store and where to locate them.
Sending supplies to their destination inside the business.
Create and print delivery notes to give to the transporter. Record partial deliveries, delivery details, transporter information, and more.
Some orders need to be sent in multiple boxes. The Packing Slip feature in ERP makes distribution go smoothly, whether it’s for 5 boxes or 50. Ship in multiple boxes and track them against a single delivery note.
Instantly get the stock balance in any warehouse for a specific date. Make data-driven decisions for fulfilling orders by knowing which warehouse has how much stock, all just a few clicks away.
Be it for sales or purchases, returns aren’t pleasant, but they happen all the time in the real world. In ERP, you can record returns with just two clicks. The stocks will be updated automatically to show the returns.
The process of updating the inventories with the goods received and checking the invoice quantity, description and quality become fast. You can also return the products which are damaged using the sales return process and manage multiple warehouses using Transfer Orders